Allied Copper Corp. announced that in connection with the completion of the Acquisition, Alex Wylie, a Vendor, will be appointed as the President of Allied Copper. Mr. Wylie brings expertise in finance, accounting and capital markets along with a proven track record of founding and building high-growth businesses.

Originally from Toronto and a graduate of Western University with a degree in Economics, Mr. Wylie earned his CPA CA designation in 1993, and spent more than ten years in investment banking with both a major independent North American investment dealer as well as boutique firms. His strategic and tactical corporate experience includes the founding, growing and ultimate acquisition of resource focused entities as well as health care companies. Kyle Hookey will continue to act as Chief Executive Officer and Morgan Tiernan will continue to act as Chief Financial Officer of Allied Copper. In connection with the completion of the Acquisition, current directors J. Campbell Smyth and David Eaton will resign from the board, and will be replaced by Mr. Wylie and Marty Scase.

Mr. Scase has acted as director of numerous private companies in the resource sector over his 25-year career. Mr. Uhl and Mr. Hookey will continue to act as directors of the Company, with Mr. Uhl also continuing to serve as Executive Chairman.